Tag: African National Congress
South Africa’s economy will contract sharply this year as activity is hit by the coronavirus outbreak, despite expectations the central bank will cut interest rates again in May, a Reuters poll found on Monday.
The ANC NEC gathered at Luthuli house earlier to discuss plans to deal with South Africa's ailing economy based on a meeting they had over the weekend. The restructuring of state-owned enterprises, attacks on foreign nationals and gender-based violence was top priority. CNBC Africa’s Yolanda Mabanga filed this report.
‘Feisty And Fearless Pioneers’ – that was the Forbes Africa August cover with Nonkululeko Gobodo and that now late Dr. Thandi Ndlovu. Tributes continue to stream in following the car accident that led to the passing of a former medical doctor, member of Umkhonto we Sizwe (ANC's military wing), former President of the Black Business Council, & Founder of Motheo Construction, Thandi Ndlovu. To reflect on the life and work of Dr. Thandi Ndlovu, Managing Partner of Brighton Wealth SubSaharan, Kunyalala Maphisa joins CNBC Africa for more.
Today the business community is mourning medical doctor and former soldier who became one of South Africa’s best known entrepreneurs. She was also on Forbes Africa's August cover. Dr Thandi Ndlovu died in a car accident at the weekend that claimed four lives. Many called her Doctor T. She was a hard working person with a warm heart and grew up in the turmoil of the struggle. In 1976 her brother Hastings Ndlovu was killed in the Soweto uprising. That year she left South Africa to join Umkhonto we Sizwe the military wing of the African National Congress (ANC). She was also a member of the executive of the ANC Women’s Section in Lusaka, Zambia. To pay tribute, Rali Mampeule, CEO of South African Housing and Infrastructure Fund joins CNBC Africa for more.
Gwede Mantashe was also in the Vaal wearing his mining minister hat and had withering word for the mining companies of South Africa and their court challenge to the Mining Charter – the document that governs black ownership in the industry. CNBC Africa’s Lubabalo Mashiquana caught up with the minister.
Words flew when the chairman of South Africa’s ruling African National Congress hit the campaign trail last night in Evaton in the Vaal east of Johannesburg. The Vaal was hit by violent protests and a taxi strike a week ago today. Gwede Mantashe was there to talk to the people on the ground about one of the bones of contention – service delivery.
It should have cost nearly a million dollars but it came for free. Africa’s oldest liberation movement hopes it will help win the hearts and minds of South Africans in the country’s May elections. We’re talking about a record produced for the ruling African National Congress that it hopes will put a glide in the stride of voters come May the 8th. Lubabalo Mashiqana was there last night with celebrities, politicians and sweet, sweet music.
This is the 25th year that the African National Congress governed South Africa. It's also a hundred and seven years since Africa's oldest liberation movement was born. But 2019 is also an election year and no better time for the party to look at itself and figure out exactly where it's going. For more CNBC Africa's Karabo Letlhatlha spoke to Somadoda Fikeni, Political Analyst at UNISA.